MANGALORE: City based Corporation Bank has signed a memorandum of understanding with M/s UTI Infrastructure Technology and Services Ltd (UTIITSL) for issue of PAN cards through its select branches. Basti N Shenoy, general manager, operation and services of the Bank and Bastin Paul, regional manager (South), M/s UTIITSL signed the MoU. Initially, 55 branches of the bank in India were authorized to issue PAN cards.
Basti Shenoy said the bank is always focused on offering value added and innovative products and services to its clients and this tie-up with UTIITSL will enable the bank to provide facility to obtain PAN cards with ease. The tie up provides yet another add-on facility for large number of customers of the Bank. The Bank’s Car Street branch in Mangalore and Udupi main branch are included in the first list of select branches for this purpose.